President-elect Donald Trump’s pick for Treasury secretary testified Thursday before the Senate Banking Committee.
U.S. Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.”
Treasury secretary nominee Scott Bessent told senators Thursday he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports that
Scott Bessent faced questioning by lawmakers from the Senate Finance Committee earlier Thursday as part of his confirmation hearing as a Trump Cabinet nominee. With President-elect Donald Trump's proposed tariff policies making waves ahead of his re-entry into the White House,
Bessent, 62, is a longtime hedge fund manager, Trump donor and adviser. He'll be the point person for Trump on a host of key economic issues.
Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole, on the day he testifies during a Senate Committee on Finance confirmation hearing on Capitol Hill in Washington, U.S., January 16, 2025. REUTERS/Kevin Lamarque
Scott Bessent's nomination hearing gave markets a handful of hints ... Sanctions could get stronger Bessent voiced support for intensifying sanctions on Russia and Iran. Sanctions on Russia, in particular, have not been "fulsome," Bessent said, suggesting ...
U.S. President-elect Donald Trump's nominee for Treasury secretary said on Thursday that the dollar should continue to be the world's
The U.S. Senate confirmed billionaire investor Scott Bessent on Monday to become the next Treasury secretary and enact the Trump administration's economic agenda of tax cuts and tariffs.
On Monday, senators voted 68 to 29 to confirm billionaire hedge fund manager Scott Bessent as U.S. Treasury secretary, with 16 Democrats supporting the nomination. In a statement, Public Citizen called Bessent “an oligarch who spent a career serving rich clients,
An armed man arrested at the U.S. Capitol said he planned to kill Treasury Secretary Scott Bessent and Secretary of Defense Pete Hegseth.